Shao Sean 4

What Happened
Shao Sean, a director of UTStarcom Holdings Corp. (UTSI), reported a sale of 6,000 shares on 2026-03-31. The filing lists a price of $2.32 per share and reported proceeds of $13,898. This was a sale (liquidity event) rather than a purchase; such sales are common and do not by themselves indicate company outlook.

Key Details

• Transaction date: 2026-03-31
• Transaction type: Reported as "Open market or private sale" (code S)
• Price per share reported: $2.32
• Reported proceeds: $13,898
• Shares owned after transaction: Not reported in the information provided
• Filing date (SEC): 2026-04-01 — appears timely (filed within the required reporting window)
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the data shown

Context

• Sales by directors can be for routine or personal reasons and are not definitive signals of company performance.
• The size of this sale (roughly $13.9k reported) is relatively small compared with typical executive or large-holder transactions; retail investors often weigh purchases more heavily than modest sales when assessing insider sentiment.